Lot 67
1796 S-90 R5+ Liberty Cap. PCGS graded MS-62 Brown. Upset Reverse. Very attractive frosty medium chocolate brown with slightly darker steel brown toning on the highpoints. Traces of lighter reddish steel brown toning faded down from mint color can be found in protected areas on the reverse. Another really beautiful Liberty cap cent. The only defects are a faint hairline scratch along the top of the T in CENT and some of those microscopic planchet chips that didn't smooth out during the strike. The chips are mostly along the dentil tips under the date, at the top of the cap, and around the bottom of the reverse (which is opposite the date thanks to the dies being in medal rather than coin orientation). EDS, Breen state I. Both dies are perfect with smooth surfaces and no clashmarks. Graded AU55 and tied for CC#1 in the Noyes census, his photo #37698. Bland says AU55 and tied for CC#3. Our grade is AU55 Choice. The attribution and Naftzger-Reynolds provenance are noted on the PCGS Secure label. Pop 1; 1 finer in MS63 at PCGS for the variety (PCGS # 35777) .
Estimated Value $40,000-UP.
Ex Hollinbeck Stamp & Coin Co., 1949-Homer K. Downing, 1952 ANA Sale (New Netherlands Coin Co. #38), lot 1726-Abe Kosoff-R. E. Naftzger, Jr., New Netherlands Coin Co. 11/14 1973:409-Andrew M. Hain 10/29/1974 (via Lester Merkin)-Charles E. Harrison-David Lovins-Jim McGuigan 1/1999.
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| Realized $38,188 |
